By Sheilla Sezzy, Mwanza
The Tanzania Electric Supply Company Limited (Tanesco) forecasts a loss of Sh34.1 billion this year, mainly due to the depreciation of the shilling and increased operational costs.
Speaking during a meeting between the Energy and Water Regulatory Authority (Ewura), Tanesco and Mwanza residents on Thursday, Mr Mramba said because of the projected losses, the power utility firm needs to raise power tariffs by 34.6 per cent this year.
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